An Amentum subsidiary will maintain the U.S. Navy’s F-5 light fighter aircraft at the organizational, intermediate and depot levels under a $100 million indefinite-delivery/indefinite-quantity contract. PAE Aviation and Technical Services will also perform logistics support work and is expected to complete services in March 2024, the Depa...
Michelle McCarthy, senior vice president and chief accounting officer of Mercury Systems (Nasdaq: MRCY), has been named interim chief financial officer at the Andover, Massachusetts-headquartered aerospace and defense electronics supplier. She will replace Michael Ruppert, who will step down as CFO on Feb. 17 after five years in the role, the compan...
The U.S. subsidiary of MBDA will manufacture common anti-air modular missiles for maritime use under a potential $145.56 million contract from the U.S. Navy’s Naval Sea Systems Command. Under the four-year contract, MBDA Inc. will produce CAMM systems for installation on multi-mission surface combatant vessels of domestic and international cus...
The Defense Advanced Research Projects Agency has chosen Microsoft (Nasdaq: MSFT), Atom Computing and PsiQuantum to demonstrate concepts for designing quantum machines. The three companies were selected for the initial phase of the Underexplored Systems for Utility-Scale Quantum Computing program based on their proposed novel approaches to building ...
Michael Garson, general counsel at SOS International, has been promoted to take on the additional role of chief legal officer at the Reston, Virginia-based technology and services integrator. SOSi CEO and previous Wash100 awardee Julian Setian said in a statement released Tuesday the move reflects the expansion of the company’s ...
Marshall Denney, a retired U.S. Marine Corps colonel, has joined Client Solution Architects, a provider of integrated technology platforms and operational support services to defense and federal government clients, as vice president of the company’s Navy business unit, GovCon Wire has learned. In this capacity, he will lead efforts to achieve the ...
CACI International (NYSE: CACI) will buy back $250 million of its common stock through an accelerated share repurchase agreement. The company said Monday the repurchase equates to approximately 845,000 shares at Friday’s closing price of $295.09, accounting for about 3.6 percent of its outstanding common stock. The Reston, Virginia-based governmen...
Executive Mosaic is honored to announce Roger Krone, chairman and CEO of Leidos, as a 2023 Wash100 Award winner in recognition of his leadership strategy that works to sustain the company’s growth through innovation, major program wins and acquisitions. Krone, a 45-year GovCon industry veteran, has made all 10 classes of the Wash100 for his ...
L3Harris Technologies (NYSE: LHX) recorded $4.6 billion in revenue for the fourth quarter of 2022, up 5 percent from the prior-year period and 6 percent on an organic basis, and attributed the growth to the company’s communications systems and space and airborne systems segments. The Melbourne, Florida-based defense contractor said Thursday its fu...
Lockheed Martin‘s (NYSE: LMT) venture capital arm has invested in Machina Labs, a Los Angeles-based manufacturing company that uses artificial intelligence and robotics to make advanced sheet metal products. Machina Labs said Thursday the money will support research and development and business growth efforts as well as advance the production ...
